Settings8H · net · $10k
Funding arb · Price arb /

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0029%/8h= −3.1% APRnext payment $0.04 per $10,000 · paid last 24h −0.036%
Price spread now: RISEx against GMX+0.114%7-day average −0.038% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.093%+$9 on $10k
Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.114%, 7d avg −0.038%
Together, before fees−0.107%−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. RISEx is 0.151% dearer against GMX than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of −0.038%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. Mind the row above: over the last 4 days funding on this pair paid +0.093%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AAVE/USD [AAVE-USDC]141.33L +0.0252% / S −0.0360%pay 0.0031% / 1h52m 05s$110K100x
ShortRISEx AAVE/USDC141.500.0223get 0.0028% / 1h52m 05s$177K$297K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against GMX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$6.04
Price spread: +0.114% → −0.038%
$15.12
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$8.91
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; RISEx: live order book, 46 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell RISEx live order book, 46 min ago1.06 bp4.1 bp −$48.9 bp −$89doesn't fitdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAVE_USDC-PERPETUAL−0.0033%1h141.29−0.031%$213K$392K50xas long as short
dYdX AAVE-USD0.0000%1h141.29−0.032%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.27−0.045%$46K$1.4M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.28−0.038%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.095%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.32−0.012%20xas long as short
Orderly PERP_AAVE_USDC+0.0085%8h141.26−0.053%$17K$8K10xas long as short
Phemex AAVEUSDT+0.0089%8h141.38+0.032%$3.9M$3.6M50xas long as short
Phoenix AAVE+0.0096%1h141.65+0.223%$4K$99K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.26−0.054%$13K$4K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AAVE-PERP+0.0100%1h141.41+0.052%$827K$400K10xas long as short
Hyperliquid AAVE+0.0100%1h141.48+0.103%$77.2M$37.1M10xas long as short
Aster AAVEUSDT+0.0100%8h141.39+0.040%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h141.33−0.003%$329K$391K10xas long as short
Binance AAVEUSDT+0.0100%8h141.31−0.017%$63.5M$192.4M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.29−0.031%$60.9M$69.3M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.31−0.017%$16.6M$64.8M50xas long as short
Arcus AAVE-USD+0.0100%1h141.48+0.103%$91K$221K10xas long as short
Bulk AAVE-USD+0.0100%1h141.56+0.163%$163K$106K10xas long as short
Gate AAVE_USDT+0.0100%8h141.32−0.010%$8.1M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.34+0.004%$22.8M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.38+0.032%$10.2M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.30−0.024%$28.7M$18.0M75xas long as short
BingX AAVE-USDC+0.0100%8h141.33−0.003%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h141.23−0.073%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h141.11−0.160%$109K$282K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.11−0.161%$451K$3.5M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.16−0.123%$131K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.44+0.075%$134K$484K10xas long as short
SunX AAVE-USDT+0.0100%8h141.43+0.071%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h141.21−0.088%$5K$298K10xas long as short
HTX AAVE-USDT+0.0100%8h141.38+0.030%$666K$5.3M75xas long as short
Extended AAVE-USD+0.0104%1h141.19−0.099%$909K$1.8M50xas long as short
01 Exchange AAVEUSD+0.0104%1h141.51+0.124%$10K$2K5xas long as short
Aevo AAVE-PERP+0.0104%1h141.30−0.023%$119K$14610xas long as short
Lighter AAVE+0.0176%1h141.45+0.081%$4.5M$2.5M10xas long as short
Backpack AAVE_USDC_PERP+0.0203%1h141.47+0.096%$385K$732K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0216%1h141.46+0.089%$753K$2.7M50xas long as short
BloFin AAVE-USDT+0.0220%8h141.35+0.011%$3.3M$3.5M100xas long as short
RISEx AAVE/USDCshort+0.0223%1h141.50+0.114%$177K$297K10x
Kraken Futures PF_AAVEUSD+0.0249%1h141.32−0.008%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]longL +0.0252% / S −0.0360%1h141.33long leg$110K100x